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News Breaks
December 17, 2012
18:28 EDTPNCLQ, PNCL, DALPinnacle Airlines reaches tentative agreement with ALPA
Pinnacle Airlines Corp.'s wholly owned subsidiary, Pinnacle Airlines, announced that it has reached a tentative agreement with the Air Line Pilots Association, ALPA, the legal representative of the Pinnacle Airlines pilot group on cost reductions that cover pay, retirement, work rules and benefits. A separate agreement was reached among Pinnacle Airlines, Pinnacle pilots and Delta Air Lines (DAL) that includes long-term career opportunities and the addition of 40 CRJ-900s to the Pinnacle fleet. With this agreement, Pinnacle's long-term fleet plan has been established at 81 CRJ-900 aircraft. The CRJ-900 deliveries are planned for the fall 2013 and are planned to be completed by year-end 2014. Pinnacle will remove its 140 CRJ-200 aircraft from the fleet over the next two to three years. ALPA members will have the opportunity to vote on the tentative agreement in January and, if approved, the changes would become effective when similar changes are implemented for Pinnacle's other labor groups and non-union employees. The tentative agreement also remains subject to approval and review by the Bankruptcy Court.
News For PNCL;PNCLQ;DAL From The Last 14 Days
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November 28, 2014
09:14 EDTDALAirlines rally after OPEC inaction pushes oil lower
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08:45 EDTDALDelta Air Lines volatility flat as WTI trades below $70
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November 21, 2014
06:18 EDTDALRolls-Royce wns $5B Trent order for 50 aircraft from Delta Air Lines
Rolls-Royce (RYCEY) has won a $5B order for Trent engines and long-term TotalCare service support from Delta Air Lines (DAL) to power 50 new aircraft. Trent XWB engines will power 25 Airbus (EADSY) A350s and Trent 7000 engines will power 25 Airbus A330neo aircraft.
November 20, 2014
15:35 EDTDALDelta Air Lines confirms order for 25 Airbus A350-900, 25 A330neo aircraft
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07:44 EDTDALDelta near deal for 50 Airbus wide-body jets, Bloomberg reports
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November 18, 2014
11:07 EDTDALStocks with call strike movement; DAL FB
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November 14, 2014
17:13 EDTDALAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).

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